Reeves Remodeling
Reeves Remodeling is located in Tulsa, OK, and the SBA lists its industry as Residential Remodelers. It was approved for an SBA 7(a) loan of $1,730,000 for a change of ownership on July 16, 2026.
SBA 7(a) loan, change of ownership, approved Jul 16, 2026
- Gross approval
- $1,730,000
- SBA-guaranteed amount
- $1,297,500 (75% of the approval)
- Lender
- HomeTrust Bank, Asheville, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 16, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $22,386 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 31, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 236118, Residential Remodelers
- Project location
- Rogers County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 64% of acquisition loans in Residential Remodelers on this site.
- Average acquisition loan in Residential Remodelers: $1,623,835.
- Average acquisition loan in Oklahoma: $1,861,759.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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